ANC proposes National Unity Government after losing absolute majority

June 7, 2024 2:31 PM

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ANC proposes National Unity Government after losing absolute majority

South Africa's governing African National Congress (ANC) party has announced it will seek a national unity government after the historic loss of its absolute majority. South African President and ANC party leader Cyril Ramaphosa told reporters that they agreed to invite political parties to form a g...

BSE Sensex Up By 1349 Points To Trade At 72,437 

June 7, 2024 2:20 PM

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BSE Sensex Up By 1349 Points To Trade At 72,437 

Indian benchmark indices climbed after opening lower today, following the RBI's decision to hold the benchmark interest rates unchanged. This marks the eighth consecutive time the RBI has maintained a steady repo rate, which has remained at 6.5 percent throughout Financial Year 2024.   Sensex was tr...

Rahul Gandhi gets bail in defamation case filed by Karnataka BJP

June 7, 2024 2:08 PM

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Rahul Gandhi gets bail in defamation case filed by Karnataka BJP

The 42nd ACMM Court in Bengaluru has given conditional bail to Congress leader Rahul Gandhi in Bengaluru today. The bail is against his allegations made against the previous BJP Government in the state accusing it of being the 40 percent Government. Rahul Gandhi was summoned to the court hall today ...

RBI keeps Repo Rate unchanged at 6.5%

June 7, 2024 2:11 PM

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RBI keeps Repo Rate unchanged at 6.5%

The Reserve Bank of India today decided to keep the policy repo rate unchanged at 6.50 percent for the eighth time in a row. Consequently, the standing deposit facility (SDF) rate remains at 6.25 percent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 percent. The decisions w...